Civic Intelligence

Lakeside Scholars Athletic Academy Inc

EIN 46-3411518 • 501(c)3 • Milwaukee, WI

Profile

To empower youth to become postive people, leaders adn contributors to socity uning athletics to teach and reinforce the core values of academic excellence, intergrity, character, leadership and entrepreneurship.

4620 West Burleigh StreetMilwaukee, WI 53208

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

25th percentile

-29%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

20th percentile

-40%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$15,082

Down $6,247 (-29%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$15,082

Down $6,247 (-29%) from 2015

Operations
Liabilities / RevenueScore unavailableNet Margin27th percentile

Revenue

Down

$43,633

Down $28,989 (-40%) from 2015

Expenses

Down

$49,880

Down $12,630 (-20%) from 2015

Net Income

Down

-$6,247

Down $16,359 (-162%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2015: $21,329Net Assets 2015: $21,3292015Assets 2016: $15,082Net Assets 2016: $15,0822016

Highlighted filing

2016

Assets$15,082
Liabilities-
Net Assets$15,082
Open 2016 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2015: $72,622Expenses 2015: $62,510Net Income 2015: $10,1122015Revenue 2016: $43,633Expenses 2016: $49,880Net Income 2016: -$6,2472016

Highlighted filing

2016

Revenue$43,633
Expenses$49,880
Net Income-$6,247
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$15,082
Liabilities
-
Net assets
$15,082
Revenue
$43,633
Expenses
$49,880
Net income
-$6,247
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.1$15.1$43.6$49.9$6.25
2015Detailed filing. Detailed filing data is available for this year.$21.3$21.3$72.6$62.5$10.1
Latest Detailed Filing

The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 27, 2016
Return Version
2015v2.1
Gross Receipts
$72,622
Mission and Program Overview

Mission

To empower youth to become postive people, leaders and contributors to society using athletics to teach and reinforce the core to support academic achievement through physical well-being, financial awareness and community service, to provide educational opportunities.

To empower youth to become postive people, leaders adn contributors to socity uning athletics to teach and reinforce the core values of academic excellence, intergrity, character, leadership and entrepreneurship.

Program Services

DescriptionGrantsExpenses
Lakeside served over 200 participants. Lakeside hosted a basketball showcase to match players seeking scholarships with college coaches, resulting in six scholarship awards. Lakeside hosted a "Stop the Violence Milwaukee" basketball event to raise awareness$50,000$62,510
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARLTON BUTTSPresidentPT$0--
KATHRYN FINERTYSecretary/TreasurerPT$0--
ROBERT HACKETTBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Lakeside Scholars Athletic Academy Inc
EIN
46-3411518
Phone
4143506722
Address
4620 WEST BURLEIGH STREET, MILWAUKEE, WI 53208

Signing Officer

Name
Carlton Butts
Title
President
Phone
4143506722
Signed
2016-04-27

Preparer

Firm
Brown- Beasley Accounting LLC
Address
1850 N MARTIN LUTHER KING DR SUITE, MILWAUKEE, WI 53212
Preparer
Lydia Brown-beasley
Phone
4142646490
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Operating supplies 11217. Insurance 566. Equipment rental & maintenance 1042. Books, subscriptions, reference 132. Office supplies 1618. Program expense 12036. Travel 998.”

Raw XML Appendix130 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CARLTON BUTTS
IRS990EZ/BooksInCareOfDetail/PhoneNum04143506722
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04642 W BURLEIGH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILWAUKEE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0532101739
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010112
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050200
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010112
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021329
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt072622
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt011217
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011217
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021329
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011217
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021329
IRS990EZ/OccupancyRentUtltsAndMaintAmt030000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARLTON BUTTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KATHRYN FINERTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT HACKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt027609
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To empower youth to become postive people, leaders adn contributors to socity uning athletics to teach and reinforce the core values of academic excellence, intergrity, character, leadership and entrepreneurship.
IRS990EZ/PrintingPublicationsPostageAmt04901
IRS990EZ/ProgramServiceRevenueAmt022422
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Lakeside served over 200 participants. Lakeside hosted a basketball showcase to match players seeking scholarships with college coaches, resulting in six scholarship awards. Lakeside hosted a "Stop the Violence Milwaukee" basketball event to raise awareness
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062510
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt062510
IRS990EZ/TotalProgramServiceExpensesAmt062510
IRS990EZ/TotalRevenueAmt072622
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt072622
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt072622
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072622
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt072622
IRS990ScheduleA/TotalSupportAmt072622
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPERATING SUPPLIES 11217. INSURANCE 566. EQUIPMENT RENTAL & MAINTENANCE 1042. BOOKS, SUBSCRIPTIONS, REFERENCE 132. OFFICE SUPPLIES 1618. PROGRAM EXPENSE 12036. TRAVEL 998.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0LAKESIDE REQUESTS A ONE-TIME EXEMPTION FROM ANY PENALTIES ASSOCIATED WITH THE LATE TAX FILING. IT WAS LAKESIDE INTENTION TO FILE PRIOR TO THE DEADLINE. WE INCORRECTLY CALCULATED THE DATE FOR FILING AS WE AMENDED OUR BY-LAWS TO CHANGE THE FISCAL YEAR BUT DID NOT REALIZE THAT THE PREVIOUS FISCAL YEAR STILL APPLIED FOR TAX PURPOSES. IN ADDITION, IN THE PAST, A POST CARD WAS SUFFICIENT, AND WE WERE NOT AWARE OF ALL THE NUANCES ASSOCIATED WITH FILING THE 990 FORM (NEED FOR FINANCIAL STATEMENTS, ETC.)
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CARLTON BUTTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04143506722
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKESIDE SCHOLARS ATHLETIC ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0463411518
ReturnHeader/Filer/PhoneNum04143506722
ReturnHeader/Filer/USAddress/AddressLine1Txt04620 WEST BURLEIGH STREET
ReturnHeader/Filer/USAddress/CityNm0MILWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053208
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN- BEASLEY ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01850 N MARTIN LUTHER KING DR SUITE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILWAUKEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053212
ReturnHeader/PreparerPersonGrp/PhoneNum04142646490
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYDIA BROWN-BEASLEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-09T15:30:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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